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Project Insurance provides comprehensive protection for construction and infrastructure projects. It typically includes Erection All Risk Insurance, Contractor All Risk Insurance, and Contractors Plant and Machinery coverage. These policies safeguard against damage to the project works, third-party liabilities, and the machinery used. Whether for commercial buildings, industrial sites, or residential construction, Project Insurance ensures all phases are covered from start to finish, helping avoid major financial setbacks. It’s vital for contractors and project owners looking to mitigate risks associated with complex construction and installation projects.
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